The EURUSD currency pair is holding onto Wednesday’s recovery slightly below the round-level resistance of 1.1100 in Thursday’s European session....
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The EURUSD pair rebound to near the psychological resistance of 1.1000 in Friday’s New York session. The major currency pair bounced back as the US Dollar declined with investors gaining confidence that the Federal Reserve will start reducing interest rates from the September meeting. The DXY Dollar Index, which tracks the greenback’s value against six major currencies, declined to near 102.70. Firm speculation for Fed interest-rate cuts in September has improved appeal for risk-sensitive currencies, while 10-year US Treasury yields tumbled to near 3.89%. Market participants remain confident over Fed rate cuts in September. Traders pare bets supporting a 50-basis
The EURUSD currency pair is holding onto Wednesday’s recovery slightly below the round-level resistance of 1.1100 in Thursday’s European session....
US hiring in August fell short of expectations, with nonfarm payrolls rising by 142,000 and the unemployment rate decreasing to 4.2%. This situation...
ASX set to open flat after yesterday’s sell-off; Wall Street dipped. Treasury yields tumbled, boosting speculation of Fed rate cuts. ...
ASX set to open flat after yesterday’s sell-off; Wall Street dipped. Treasury yields tumbled, boosting speculation of Fed rate cuts. ...
US Treasury yields rose last Friday as inflation data reinforced the outlook for a less-aggressive pace of Federal Reserve interest-rate cuts starting...
US Treasury yields rose last Friday as inflation data reinforced the outlook for a less-aggressive pace of Federal Reserve interest-rate cuts starting...
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit was lower against the US dollar but rose versus other major currencies in early trade as investors are...
KUALA LUMPUR: The gold futures contract on Bursa Malaysia Derivatives ended marginally higher today after the US dollar continued to decline amid...
KUALA LUMPUR: The gold futures contract on Bursa Malaysia Derivatives ended marginally higher today after the US dollar continued to decline amid...
KUALA LUMPUR: The ringgit was lower against the US dollar but rose versus other major currencies in early trade as investors are monitoring Bank...